About Canvaloop
Canvaloop is a company based in Surat (India) founded in 2020 by Dhruv Gupta. Canvaloop has raised $2.16 million across 6 funding rounds from investors including Social Alpha, H&M Foundation and Aman Gupta. Canvaloop offers products and services including HempLoop, FlaxLoop, BanLoop, PineLoop, and Yarns. Canvaloop operates in a competitive market with competitors including Asia Pacific Rayon, Circular Systems, OceanSafe, Looptworks and ALT. Leather, among others.
- Headquarter Surat, India
- Founders Dhruv Gupta
- Stage Minicorn
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Sectors
RetailChemicals & Materials
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Email
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Phone
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Website
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Social
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- Legal Name Canvaloop Fibre Private Limited
- Date of Incorporation 23 Jan, 2020
- Jurisdiction Surat, Gujarat, India
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Annual Revenue
$382.06 K (USD)182.79as on Mar 31, 2022
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Net Profit
$16.53 K (USD)13736.31as on Mar 31, 2022
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EBITDA
$28.17 K (USD)375.01as on Mar 31, 2022
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Total Equity Funding
$2.16 M (USD)
in 6 rounds
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Latest Funding Round
$1.44 M (USD), Series A
Mar 17, 2026
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Investors
Social Alpha
& 10 more
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Employee Count
Not available
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Products & Services of Canvaloop
Canvaloop offers a comprehensive portfolio of products and services, including HempLoop, FlaxLoop, BanLoop, PineLoop, and Yarns.
Fiber derived from hemp waste for eco-friendly textiles.
Fiber made from flax waste to support sustainable fabric production.
Fiber from banana waste for environmentally conscious yarns.
Fiber produced from pineapple waste for textile applications.
Yarns created from recycled agricultural waste for durable fabrics.
People of Canvaloop
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Funding Insights of Canvaloop
Canvaloop has successfully raised a total of $2.16M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $1.44 million completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Canvaloop
Canvaloop has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Social Alpha, H&M Foundation and Aman Gupta.
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Sustainable startups are supported via innovation curation and venture funding.
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Theia Ventures is focused on investing in decarbonization technology companies.
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Investor details for Canvaloop
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Investments & Acquisitions by Canvaloop
Investment portfolio details for Canvaloop
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Financial Statements - Canvaloop
Detailed financials for Canvaloop
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Canvaloop Comparisons
Peer comparison for Canvaloop
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Competitors of Canvaloop
Canvaloop operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Asia Pacific Rayon, Circular Systems, OceanSafe, Looptworks and ALT. Leather, among others.
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Biodegradable viscose-rayon is developed from renewable wood cellulose.
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Developer of circular and regenerative textile technologies
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Technology for circular, biodegradable, and toxicant-free textiles is provided.
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Handcrafted products from recycled materials are sold online.
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Waste and regenerative plants are converted into sustainable textiles.
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Detailed competitors of Canvaloop
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Latest news on Canvaloop
Complete news archive for Canvaloop
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Frequently Asked Questions about Canvaloop
Canvaloop was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Canvaloop is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Canvaloop is a funded company, having raised a total of $2.16M across 6 funding rounds to date.
Annual revenue of Canvaloop is $382.06K as on Mar 31, 2022.
Online platform offering sustainable fabrics and materials from agricultural waste. The platform provides users with a sustainable fabrics manufacturer that uses agricultural waste to create fibers and yarns for the textile industry.
Canvaloop's top competitors include Asia Pacific Rayon, oceansix and EnviroFlight.
Canvaloop offers HempLoop, FlaxLoop, BanLoop, PineLoop, and Yarns.
Canvaloop has 11 investors. Key investors include Social Alpha, H&M Foundation, Aman Gupta, Radhika Gupta, and Anupam Mittal.
The valuation of Canvaloop is $2.98M as of Aug 2023.